Market performance and highlights this week: the Ministry of housing and urban rural development issued two development plans; Domestic covid-19 antigen self-test products on the market
Market performance: this week (from March 7 to March 11, the same below), the Shanghai Composite Index closed at 3310 points, down 4.00%; The Shenzhen composite index closed at 12447 points, down 4.40%; Gem index closed at 2665 points, down 3.03%. In terms of the style of large and small cap, the large cap index fell 4.12% and the small cap index fell 4.22% this week. Since 2022, the market index has fallen by 13.06% and the small index has fallen by 12.33%, and the small / large ratio is 1.28. Highlights of this week: the Ministry of housing and urban rural development issued two development plans; Five domestic covid-19 antigen self-test products are listed in China. Major events of this week: on March 4, Juneyao Grand Healthy Drinks Co.Ltd(605388) issued the announcement of equity incentive plan. The total number of incentive shares was 12 million, accounting for 2.79% of the total share capital at that time, and the stock transfer price was 20.21 yuan / share, which was valid for 4 years. The compound growth rate of revenue target is 50.11%.
This week’s special topic: leading enterprises welcome the “good start”, buy back and increase holdings, and boost market confidence
Leading enterprises jointly publish the monthly good news, which has a significant effect on boosting market confidence. Following Kweichow Moutai Co.Ltd(600519) the first disclosure of monthly operating data on March 7, a total of 71 listed companies have released operating data from January to February. The performance of these companies is brilliant. Nearly 50% of the company’s net profit from January to February increased by more than 100% year-on-year. Among the top ten companies, except mountain media international, the performance growth rate was more than 300%. From the perspective of market value, most of the companies that have disclosed monthly operating data are large market value leading enterprises. There are 36 companies with a market value of more than 30 billion, accounting for 50.7%, and the average performance growth rate is more than 100%. By industry, high-end manufacturing industries such as power equipment, electronics, basic chemicals, medicine and biology achieved rapid growth from January to February while maintaining a large number of disclosures. From the marginal point of view, the performance growth rate of power equipment, electronics, basic chemical industry, medicine and biology industries from January to February 2022 is also significantly higher than that of the whole year of 2021. The disclosure of monthly operating data provided strong support for the share price of listed companies, with an average increase of 4.88% the day after the announcement. At the same time, under the positive signal brought by the good performance of individual stocks, the market performance of corresponding sectors has also been significantly improved.
Listed companies’ repurchase and holdings increase in a two pronged approach to further release positive signals to the market. As for repurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepurepuby three companies, including three companies such as the 000 Midea Group Co.Ltd(000333) 333333 Midea Group Co.Ltd(000333) , Opple Lighting Co.Ltd(603515) and other six companies implemented repurchase for the first time. In terms of share increase, a total of 12 listed companies implemented share increase this week, among which Yutong Bus Co.Ltd(600066) carried out share increase plan quickly to reflect confidence Yutong Bus Co.Ltd(600066) issued an announcement on the share increase plan on the evening of March 7, and announced on March 9 that the share increase plan has been implemented for more than half.
Key recommended themes and stocks
Smart car theme (torch technology, Huizhou Desay Sv Automotive Co.Ltd(002920) , Foryou Corporation(002906) , Ingenic Semiconductor Co.Ltd(300223) , Thunder Software Technology Co.Ltd(300496) , Lianchuang Electronic Technology Co.Ltd(002036) , Ningbo Joyson Electronic Corp(600699) , Meig Smart Technology Co.Ltd(002881) ); Theme of leisure snacks ( Yanker Shop Food Co.Ltd(002847) , Bestore Co.Ltd(603719) , Three Squirrels Inc(300783) ); Pet and Breakfast theme ( Petpal Pet Nutrition Technology Co.Ltd(300673) , Zhongyin Babi Food Co.Ltd(605338) ); High end manufacturing themes ( Estun Automation Co.Ltd(002747) , Amlogic (Shanghai) Co.Ltd(688099) , Jade Bird Fire Co.Ltd(002960) , Jutze Intelligent Technology Co.Ltd(300802) , Jiangsu Ankura Smart Transmission Engineering Technology Co.Ltd(300617) ).
Risk tip: the economy has fallen sharply; Major changes in capital market reform policies; The prosperity of the industry is lower than expected.
